Amazon has entered the insurance distribution business in India, tying up with general insurance startup Acko to sell motor vehicle policies on its Pay platform. Amazon’s entry as a corporate agent is in line with its plan to become a full-fledged financial services platform. Amazon Pay currently offers UPI, wallet and co-branded credit card services […]
Archives for July 2020
Amazon, Acko tie up to sell motor cover
Amazon has entered the insurance distribution business in India, tying up with general insurance startup Acko to sell motor vehicle policies on its Pay platform. Amazon’s entry as a corporate agent is in line with its plan to become a full-fledged financial services platform. Amazon Pay currently offers UPI, wallet and co-branded credit card services […]
Spiritual posts in big demand
Illustration: Rahul Awasthi Internet companies including home-grown social media startups and music-streaming firm Gaana have recorded a jump in the consumption of religious, astrology and wellness content since March, even as the Covid-19 pandemic forced people to stay indoors. Religious organisations are also relying on YouTube, Instagram and Zoom to broadcast their content, as most […]
Spiritual posts in big demand
Illustration: Rahul Awasthi Internet companies including home-grown social media startups and music-streaming firm Gaana have recorded a jump in the consumption of religious, astrology and wellness content since March, even as the Covid-19 pandemic forced people to stay indoors. Religious organisations are also relying on YouTube, Instagram and Zoom to broadcast their content, as most […]
Answers to 4 common accounting and auditing questions – Journal of Accountancy
Recently issued FASB standards for revenue recognition, lease accounting, and the private company variable-interest entity (VIE) consolidation have led to companies’ and practitioners’ asking a host of questions about the preparation and auditing of financial statements. During the AICPA’s ENGAGE 2020 virtual conference Tuesday, some of these frequent questions were addressed by Center for Plain […]
MDR waiver will hit digital payments ecosystem, says NPCI CEO
Representative image The waiver of the merchant discount rate (MDR) on digital payments will slow down its deployment in the country, where the cost of merchant acquisition is between $500 million and $1 billion a year, National Payments Corp of India (NPCI) chief executive Dilip Asbe said at a panel discussion on Wednesday. “At a […]
MDR waiver will hit digital payments ecosystem, says NPCI CEO
Representative image The waiver of the merchant discount rate (MDR) on digital payments will slow down its deployment in the country, where the cost of merchant acquisition is between $500 million and $1 billion a year, National Payments Corp of India (NPCI) chief executive Dilip Asbe said at a panel discussion on Wednesday. “At a […]
5 Bluechip Stocks with Growing Market Cap & Returns
Bluechip Stocks (stay safe stocks) are stocks of a reputed company with a large market cap. These types of stocks are famous for quality, reliability, and services. These stocks are likely to perform well in good as well as bad times. We are passing through bad times. Corona Virus outbreak and lockdown have created a […]
Google says its payment platform is not violating Indian law
Google India Digital Services has filed an affidavit at the Delhi High Court stating that its Pay platform is not in violation of any Indian law. The US-based tech giant was responding to a Public Interest Litigation (PIL) which alleged that Google Pay platform didn’t have the requisite Reserve Bank of India authorisation to operate […]
Google says its payment platform is not violating Indian law
Google India Digital Services has filed an affidavit at the Delhi High Court stating that its Pay platform is not in violation of any Indian law. The US-based tech giant was responding to a Public Interest Litigation (PIL) which alleged that Google Pay platform didn’t have the requisite Reserve Bank of India authorisation to operate […]